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Podcast: Bloomberg Daybreak: Europe Edition
Episode: ‘Severe’ Trade War Fallout, S&P 500 Correction & Putin Wants Trump Talks
Description: Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) European Central Bank President Christine Lagarde warned that an escalation of disputes over trade levies kicked off by US President Donald Trump may have a detrimental effect on the world economy. (2) President Donald Trump threatened to impose a 200% tariff on wine, champagne and other alcoholic beverages from France and elsewhere in the European Union, the latest escalation in a growing transatlantic trade war. (3) China stands to gain from the ongoing trade wars between the US...